Attorney General Carl C. Danberg announced today that Ameriquest Mortgage Company, the nation’s largest sub-prime lender, has agreed to pay $295 million to consumers and make sweeping reforms of practices that states alleged amounted to predatory lending. Ameriquest also will pay a total of $30 million to the 49 states and D.C. that are participating in the settlement agreement for costs of the investigation and consumer education and enforcement..

Attorney General Carl C. Danberg announced that the Fraud Division of the Delaware Department of Justice has received complaints, similar to those described across the country, concerning Advance Loan Fee Scams.

Attorney General Carl C. Danberg announced that his office has issued today an Attorney General’s Investigative Report on whether State Election Commissioner, Frank Calio, violated Delaware law through his articles and commentaries discussing political subjects.